Sentences with phrase «cheap shale»

If cheap shale gas crowds out renewables or increases energy demand more than IEA predicts, or methane leaks are worse than we think, cheap shale gas will actually hasten climate emissions, even in the short term (2035).

Via email, McCabe tells me that the most important factor in the IEA model is crowding out: Cheap shale gas will reduce coal usage (good) but will also reduce development of new nuclear, wind, and solar power (bad).

And Trump won't save the coal industry from its biggest threat: the flood of cheap shale gas from fracking.

Squeezed out by an abundance of cheap shale gas and ever tightening pollution laws, it may be a harbinger of things to come for other fossil fuel markets globally.

Coal is in decline throughout the whole world due to being undercut by cheap shale gas and by the falling cost of renewables.

Cheap shale gas flooded the market causing natural gas prices to dive 80 percent since 2008, pricing out coal in electricity supply

Well, there goes the myth that cheap shale gas would price renewables out of the US electricity market.

While natural gas is much less carbon - intense than coal or oil, a burgeoning industry based on cheap shale gas easily could swamp those gains in the long run.

Between January and May, U.S. carbon emissions fell to a 20 - year low; 48 percent of that resulted from substituting coal for cheap shale natural gas, while little, if any, came from deploying subsidized wind and solar, according to Michael Levi, the director of the climate change program at the Council on Foreign Relations.

The effect of the gas revolution in America on world consumption of gas (and emissions) is less likely to be felt through American LNG exports and more likely to be seen as the rest of the world starts looking for cheap shale gas at home.

Cheap shale gas is significantly reducing coal demand in the United States, but global coal consumption is still expected to rise 2.6 percent annually by 2017, the International Energy Agency said today in a report.

But he did so only after the advent of cheap shale gas had already rendered coal uneconomic, meaning many coal - fired plants would have been shuttered regardless of new rules from the EPA.

Not exact matches

Other analysts, like economist Nouriel Roubini, argued that cheap oil would last just a year or 18 months before producers like Saudi Arabia had successfully flushed out higher - cost competitors like shale producers here in the U.S.

The shale gas boom has been feeding firms and factories across the country with cheap fuel, dramatically lower energy costs.

Cheap natural gas has been an important source of fuel for the oilsands, but most of Canada already had abundant hydro - electrical endowments to power homes and businesses at relatively low cost, so shale hasn't been much of a revolution over here (pdf).

In the United States, it took many months for mortgage defaults to fall after the most recent housing bust — and energy companies are struggling to pay off the cheap money that they borrowed to pile into the shale boom.

Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.

Thanks to new supply from shale formations, natural gas is not only abundant, but it's cheap too.

The shale oil industry was scam by the big private equity funds who took a flier on the shale business because the bond market gave them access to dirt cheap capital thanks to the Fed's ZIRP.

We explore the root causes of the oil collapse, including booming U.S. shale production and Saudi Arabia's decision to sell cheap oil rather than slash its output.

While it's perfectly true that there isn't enough U.S. shale to flood the world with oil, a lot of what there is is historically cheap to produce so as to give crude from the Middle East a real run for its money; and a solid proportion of that production has been sold forward at attractive levels in the futures market ensuring financial stability for U.S. producers.

What's different this time is the rise in cheap U.S. production, primarily shale.

Now, it is suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, a process that has unlocked natural gas from massive shale formations, driving prices down.

Thanks to cheaper supply from shale gas production, projects are already underway to convert to natural gas.

Today the US is awash with cheap gas, thanks in part to the newfound ability to extract large amounts of shale gas.

With access to low - cost ethane from shale gas, the US is on its way to becoming one of the world's cheapest chemical producers, predicts the American Chemistry Council.

Gas turbines are also attractive because natural gas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposits.

There is relatively less interest in power - to - gas in the U.S., where hydrogen from electrolysis, even by taking advantage of cheap excess renewable energy, would have a tough time competing against abundant, low - cost shale gas.

Cheap U.S. coal The shale gas boom in the United States means record amounts of relatively cheap U.S. coal are now available for exCheap U.S. coal The shale gas boom in the United States means record amounts of relatively cheap U.S. coal are now available for excheap U.S. coal are now available for export.

By Agnieszka Barteczko and Henning Gloystein WARSAW / LONDON (Reuters)- Poland, one of the heaviest polluters in Europe, will become even dirtier now that its shale gas ambitions have faded and it turns to cheap domestic lignite coal to secure its energy supply.

This has happened in part because much of the Northeast relies on readily available hydropower from Canada and rapidly expanding natural - gas - fired electricity generation made possible by cheap natural gas from newly exploited shale deposits in Pennsylvania.

On the other, switching to cheap plentiful shale gas would lower CO2 emissions and keep jobs in Europe.

An unprecedented price disparity between crude oil and other resources — coupled with the emergence of cheap and abundant shale gas, especially in the United States — is transforming the...

Fracking technology did more than the Obama administration to drive coal use down by making shale gas cheap.

They argue that shale gas, accessible through cost - effective methods like hydraulic fracturing, are sufficiently plentiful and cheap that most renewable energy sources will not be able to compete for decades, and that we should instead focus our national energy priorities on exploiting our newfound domestic shale gas reserves.61

And, Kelley pointed out, though shale gas deposits are making natural gas cheap right now, «nobody expects that to last, not even the people in the natural gas industry.»

In the US, where power generation from coal has fallen by 38 % in volume since 2007, the availability of cheaper natural gas brought about by the boom in shale gas production has caused significant switching from coal to natural gas in the power sector.

And because shale gas is cheap (for now), most of the new generation currently being built in the region is fueled by gas.

Psst... I know where you can get some fracked shale gas, really cheap!

It has all the hallmarks of a new industry with ups and downs, but it is clearly here to stay — even with cheap natural gas coming from hydraulic fracturing (fracking) in shale formations.

A steady stream of shale - gas discoveries in Europe and the United States suggests that we still have plentiful supplies of cheap natural gas.

Very cheap natural gas to burn to turn that dirty oil into valuable transport fuels, thanks to the shale gas boom;

It is now urging members to restore Europe's competitiveness by «fracking» for cheap natural gas from shale, instead of pushing «renewable» energy subsidies which cost consumers billions of pounds.

Another factor stalling the so - called «nuclear renaissance» is cheap natural gas, courtesy of the shale boom.

Fracking allows for the cheap extraction of natural gas from shale deposits that were previously inaccessible, and it is responsible for both the boom in natural gas production as well as the correlate controversy.

Rather, a shale - gas boom flooded the U.S. market with cheap natural gas, offering utilities a cheaper, less risky alternative to nuclear technology.

As the shale - drilling revolution floods domestic markets with cheap oil and gas, federal regulators have withered under pressure.

The rise of cheap and plentiful shale natural gas is hastening the fall of older, coal - fired power plants.

As the market for coal - fired electricity generation here in North America shrinks due to the rise of cheap natural gas - fired power (thanks to fracking for shale - gas), exports of coal from the US to overseas markets in Europe and Asia are sharply increasing.

But the reason that EIA is projecting a long - term decline over the next decade or more is the glut of cheap natural gas, mostly from unconventional sources like shale, that has profoundly changed America's energy outlook over the next several decades.